Trade and Income Distribution: The Debate and New Evidence
William Cline
No PB99-07, Policy Briefs from Peterson Institute for International Economics
Abstract:
For most of the past 25 years, the distribution of wages in the United States has grown more unequal. The rising inequality is closely linked to educational and skill levels. Thus, the ratio of wages for workers with at least some college education to those for workers with high school education or less rose by 18 percent from 1973 to 1993 (figure 1).
Date: 1999-09
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